Section 14-601 - Interest charged on total tax liability on property.
§ 14-601. Interest charged on total tax liability on property.
(a) In general.- Except as provided in subsection (b) of this section, interest is calculated on and charged against the total tax liability on property.
(b) Effect of payments.- When payments of property tax have been made, interest is calculated on and charged against the total tax liability on the property, less the amount of the payments.
[1985, ch. 8, § 2; 1990, ch. 641.]